Space Exploration Technologies Corp. filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission on 20 May 2026. The filing identifies the registrant as a Texas corporation, with Elon Musk listed as chief executive officer, chief technical officer and chairman of the board. It also names Gwynne Shotwell as president, chief operating officer and director, and Bret Johnsen as chief financial officer.
The Guardian reported that SpaceX shares closed at $160.95, about 20% above the $135 IPO price, and that Nasdaq listed the company at about $2.1tn at the close. Those reported market figures should be read alongside the S-1, because the filing is the primary source for the company's legal structure, risk disclosures and governance terms.
Bloomberg reported on 11 June that some funds with governance mandates viewed SpaceX as too risky before the listing because of governance concerns. Bloomberg also reported on 12 June that investors in Asia who could not access the IPO directly were looking for other ways to trade exposure around the listing.
Table: SpaceX IPO economics and governance facts
| Field | Reported or filed fact | Source |
|---|---|---|
| Funds raised | $75bn in the IPO | Guardian business live coverage, 12 June |
| Closing valuation | About $2.1tn at market close | Guardian business live coverage, 12 June |
| Closing share price | $160.95, about 20% above the $135 IPO price | Guardian business live coverage, 12 June |
| Registrant | Space Exploration Technologies Corp., a Texas corporation | SEC Form S-1 filed 20 May |
| Chief executive and chair | Elon Musk is listed as CEO, chief technical officer and chairman | SEC Form S-1 filed 20 May |
| President and COO | Gwynne Shotwell is listed as president, chief operating officer and director | SEC Form S-1 filed 20 May |